Zionist Organization of America
Analysis
Zionist Organization of America is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Zionist Organization of America reported income of $7.4m and spending of $7.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $7.4m (+40%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 79% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Zionist Organization of America sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Macedonian Ministry Foundation Inc ($7.3m), Lodigiano Film Development Inc ($7.4m) and Magen Abraham Yeshiva Inc ($7.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $808k (11% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $52.8m against liabilities of $7.8m, net assets of $45.0m. It reported 25 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Macedonian Ministry Foundation Inc | Kennesaw | $7.3m |
| Lodigiano Film Development Inc | KNG of Prussa | $7.4m |
| Magen Abraham Yeshiva Inc | Brooklyn | $7.3m |
| Zoe International | Santa Clarita | $7.4m |